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$624,900

5250 CORAL REEF WAY, LAKEWOOD RANCH, FL 34211

3D Tour
Active61 days on market

Beds

4

Baths

3

Sq Ft

2,027 sq ft

Year Built

2023

Lot Size

0.16 acres

Garage

2

About This Property

Back on the market due to buyer financing falling through. Originally $649,900 - NOW offered at $624,900! Welcome to 5250 Coral Reef Way, a beautifully maintained Trevi floor plan in the highly sought-after, resort-style community of Lorraine Lakes at Lakewood Ranch. This move-in ready home offers the perfect blend of style, comfort, and functionality with an open-concept design ideal for both everyday living and entertaining. The spacious kitchen seamlessly flows into the dining and living areas, creating an inviting gathering space, while the thoughtfully designed split-bedroom floor plan provides privacy for owners and guests alike. Featuring four bedrooms, three full bathrooms, and generous living spaces, this home is perfectly suited for full-time residents, seasonal homeowners, or those who love to host family and friends. Step outside to your private backyard oasis featuring a custom-built saltwater pool with a built-in spa, screened lanai, and lush tropical landscaping. Whether relaxing poolside or entertaining guests, this beautifully designed outdoor living space offers the very best of the Florida lifestyle. Beyond the home, Lorraine Lakes delivers an unmatched resort-style experience. Residents enjoy a spectacular amenity center featuring a full-service restaurant and bar, resort-style pool, lap pool, splash pad, state-of-the-art fitness center, indoor basketball and volleyball court, tennis, pickleball, bocce, sand volleyball, scenic walking paths, and a vibrant calendar of community events. Hop on your golf cart for a relaxing ride through the picturesque neighborhood before meeting friends for dinner or enjoying an evening at the clubhouse. Offering exceptional indoor and outdoor living in one of Lakewood Ranch’s premier gated communities, 5250 Coral Reef Way is more than a home—it’s a lifestyle.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4700301
StatusActive
Year Built2023
Stories1
Total Rooms9
ConstructionBlock, Stucco
RoofConcrete, Tile
FoundationSlab
FacesEast
SubdivisionLORRAINE LAKES
CountyManatee
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s)
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
LaundryGas Dryer Hookup, Inside, Laundry Room
WindowsBlinds, Double Pane Windows, Shutters
CoolingCentral Air
HeatingCentral, Natural Gas
SecurityGated Community, Key Card Entry, Security Gate, Security System, Security System Owned

Exterior & Lot

ExteriorHurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
Lot Size0.16 acres (7,155 sq ft)
Lot FeaturesDrainage Canal, City Lot, Landscaped, Near Golf Course
Road SurfacePaved, Asphalt

Pool & Spa

Private PoolYes
Pool FeaturesGunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
SpaHeated, In Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$455 / Quarterly
Senior CommunityNo

Financial Details

List Price$624,900
Original Price$649,900
Annual Taxes$6,337 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRESIDENTIA
Parcel #581250909

Schools

ElementaryGullett Elementary
MiddleLake Manatee K-8
HighLakewood Ranch High

Directions

Use main security entrance at 16604 Westport Dr, Bradenton, FL 34211. Take Silver Sky Circle to Islandwalk. Right onto Coral Reef Way.

Location

5250 CORAL REEF WAY, LAKEWOOD RANCH, FL 34211

Listing Information

OfficeAMERICAN HOSPITALITY RLTY LLC
ListedJuly 22, 2026

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Home Price

$624,900

20% ($124,980)
6.75%

Loan Term

Principal & Interest$3,242
Property Tax (est.)$573
Insurance (est.)$150
Total Monthly$3,965
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $624,900 home in LAKEWOOD RANCH.

🏛️

FHA Loan

$21,872 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$31,245 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Manatee County SHIP

Varies

Income-qualifying Manatee residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 11, 2026.

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